Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Capital One Bank and Capital One Foundation Commit Nearly a Half Million Dollars to Easter Seals to Help Veterans Make the



  Capital One Bank and Capital One Foundation Commit Nearly a Half Million
  Dollars to Easter Seals to Help Veterans Make the Transition to Civilian
  Jobs and Retain Long-Term Employment

  New program addresses unique needs to connect businesses seeking top-notch
         candidates with veterans, wounded warriors and their spouses

Business Wire

MCLEAN, Va. -- June 17, 2013

Capital One Bank and Capital One Foundation today announced a $425,000
partnership with Easter Seals Serving DC | MD | VA—an organization providing
support services for individuals with disabilities and special needs—to help
veterans, wounded warriors and their spouses to transition to civilian life
and navigate meaningful career paths. The partnership is part of a national
workforce development initiative by Capital One, focused on helping to match
job seekers—including returning veterans—with higher quality jobs and to train
and retrain workers to compete for jobs based on local community demand. This
announcement was made in tandem with the recent Capital One Bank, Easter Seals
and Corporate Immersion-sponsored “How Hiring Our Nation’s Veterans Can Impact
Your Bottom Line” Flag Day workshop on Friday, June 14, where approximately
35-40 small businesses from the Washington metropolitan area gathered to
address best practices in veterans’ employment and gain essential insight to
help reduce staff costs, recruit a highly effective workforce and retain
talent.

“The future economic competitiveness and long-term success of a community is
directly tied to the quality and skills of its workforce,” said Tony Pica,
senior vice president and Mid-Atlantic Business Banking Group executive market
president, Northern Virginia at Capital One Bank. “As we think about
developing our workforce, we must support our veterans who are returning home
and looking to transition their unique skills into gainful civilian
employment. We’re proud to support our veterans during their transition by
helping them not only prepare for new job opportunities but also secure those
jobs and keep them.”

Capital One’s commitment to Easter Seals will specifically support the
organization’s new Veteran Staffing Network (VSN), a nonprofit staffing agency
exclusively for veterans and their families. The VSN will provide
comprehensive, wrap-around support services to both the veterans transitioning
to civilian life and the businesses seeking to hire military servicemen and
women. These wrap-around services provide access to programs designed to meet
additional needs that may impact access and retention of employment,
including:

  * Operation Employ Vets employer training program, an internet-based
    interactive program designed to outline the benefits veterans bring to an
    organization. Easter Seals has worked with leading employers and community
    stakeholders to develop this program, as well as local departments of
    commerce, labor and veterans affairs.
  * Little Warriors Early Education and Child Care program, which is designed
    to meet the unique needs of the wounded warrior, their children and
    spouses, while taking into consideration whether a family has recently had
    to relocate and addressing urgent needs for family stability.
  * Veteran Caregiver Training, a comprehensive, multi-modal (classroom,
    web-based, and DVD/workbook) training for caregivers of veterans
    addressing a wide range of critical caregiving topics, such as self-care,
    obtaining benefits and support, behavior management, pain management,
    nutrition and wellness, and more.
  * In addition, VSN hosts quarterly workshops, such as the “How Hiring Our
    Nation’s Veterans Can Impact Your Bottom Line,” for employers designed to
    educate business owners and HR professionals that may have concerns
    regarding hiring veterans and to dispel common misconceptions.

“Easter Seals understands the needs of veterans and their families. We are
able to assist veterans in forging meaningful career paths and to connect them
with long-term employment opportunities,” said David Muir, Jr., senior vice
president of the Veteran Staffing Network at Easter Seals. “We are extremely
grateful to Capital One for its generous contribution and support, which will
allow us to help more veterans and families to enter the workforce and
reintegrate within their communities.”

According to the Bureau of Labor Statistics, the unemployment rate for
veterans who served on active duty in the U.S. Armed Forces at any time since
September 2001 was approximately 9.9 percent in 2012, nearly two percentage
points higher than the national average for the general population. For select
groups, such as veterans of ages 18 to 24 years old (20.4%), the average
unemployment rate was markedly higher. A recent Career Builder survey showed
that 65 percent of companies said that they would be willing to hire a veteran
over another equally qualified candidate, and 29 percent of companies said
that they are actively recruiting veterans. The Veteran Staffing Network aims
to close the gap between job-ready veterans and businesses looking to hire
veterans. The VSN also stays connected with veterans and their families to
ensure job success and retention by pairing them with mentors and staying
engaged with their employers.

The Veteran Staffing Network builds on Capital One’s three-year, $4.5 million
commitment to support the U.S. Chamber of Commerce’s Hiring Our Heroes
initiative, a program that provides job fairs and workforce training
initiatives across the United States for veterans and military spouses. In
March 2012, Capital One, the U.S. Chamber and National Chamber Foundation
announced “Hiring 500,000 Heroes,” a national campaign to engage the business
community in committing to hire 500,000 veterans and military spouses by the
end of 2014. In addition, Capital One last year announced a three-year
$800,000 investment in Count Me In for Women’s Economic Independence to help
women veteran small business owners grow their businesses.

About Veteran Staffing Network

The Veteran Staffing Network (VSN) of Easter Seals Serving DC | MD | VA is a
self-sustaining social enterprise model that serves the entire military
community. VSN provides clients top-tier talent while simultaneously reducing
veteran unemployment and is redefining veterans employment and temp-to-perm
placement services. For additional information visit www.vsnusa.org.

About Easter Seals Serving DC | MD | VA

Easter Seals is the region’s leading provider of intensive inter-generational
human services that address the holistic and evolving needs of individuals and
families to maximize their independence, inclusion and contributions to
society. For nearly 100 years, Easter Seals has been answering the call of our
nation’s most vulnerable populations, enabling them to achieve their
potential. Through therapy, training, education and support services, Easter
Seals creates life-changing solutions so that people with disabilities and
military families have equal opportunities to live, learn, work and play in
their communities. For additional information visit www.eseal.org.

About Capital One Foundation

Capital One Foundation provides funding to support programs for safe and
affordable housing, financial literacy, workforce and economic development,
school improvement, and early childhood education. With a focus on programming
and non-profit development that drives education-centered community
revitalization, and using a test-and-learn approach, the Foundation identifies
best practices and proven successful metrics and models that can be translated
across geographic scope and then shared with the broader community. The
Foundation’s grant-making serves national and local organizations that inform
or implement best practices in the Foundation’s focus areas or operate
programs in the designated geographic focus areas which include various parts
of Virginia, Louisiana, Texas, New York and New Jersey.

About Capital One

Capital One Financial Corporation, headquartered in McLean, Virginia, is a
Fortune 500 company with more than 900 branch locations primarily in New York,
New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of
Columbia. Its subsidiaries, Capital One, N.A. and Capital One Bank (USA), N.A.
offer a broad spectrum of financial products and services to consumers, small
businesses and commercial clients. We apply the same principles of innovation,
collaboration and empowerment in our commitment to our communities across the
country that we do in our business. We recognize that helping to build strong
and healthy communities - good places to work, good places to do business and
good places to raise families - benefits us all and we are proud to support
this and other community initiatives.

Contact:

Capital One Bank
Shelley Solheim, 917-589-6203
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement